This vote is an aggregation of 2 DAO proposals:
The vote encapsulates approval of the DAO Partner Program as well as, minting SSV tokens for the first 2 groups of entrants according to the list below.
The total allocation designated to the partners below is 503,067 SSV tokens (for ETH or USDC) at the ‘batch 1’ reference price of 6.19 USD per 1 SSV:
- Digital Currency Group – 161,551 SSV tokens.
- Coinbase (Coinbase Global, Inc. US) – 40,388 SSV tokens.
- Lukka (Lukka, Inc. US) – 121,163 SSV tokens
- Stakewith.us 13- 129,240 SSV
- RockX 5 - 24,232 SSV
- Stakin.com 4 - 16,155 SSV
- Tiago Machado (stakin.com 5) - 4,038 SSV
- Edouard Lavidalle (stakin.com 5) - 6,300 SSV
The above partners are staking services and ssv.network Operators with extensive blockchain infrastructure expertise. Their contributions to the DAO include; funding, staking/tech expertise, active operators in ssv.network, global distribution and more.
Mechanics
If the vote passes, the following action will be taken:
- The Partners will allocate ETH or USDC to the DAO treasury address: 0xb35096b074fdb9bBac63E3AdaE0Bbde512B2E6b6 (ETH price will be determined according to CMC spot price at moment of transfer)
- The DAO multisig committee will convene to review the validity of the purchase requests
- When approved by the committee, an amount of 503,307 SSV tokens will be minted by the DAO and deposited into a vesting contract.